STOCK TITAN

[8-K] TRUIST FINANCIAL CORP Reports Material Event

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Form Type
8-K
Rhea-AI Filing Summary

Truist Financial Corporation announced it will redeem all outstanding depositary shares of its Series P Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock on November 13, 2025, pursuant to the optional redemption provisions.

Each depositary share represents a 1/25th interest in a share of the Series P Preferred Stock, which has a $25,000 per-share liquidation preference. The company issued a news release with additional details, incorporated by reference as Exhibit 99.

Truist Financial Corporation ha annunciato che rimborsa tutte le quote depositarie in circolazione della Serie P Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock il 13 novembre 2025, conformemente alle disposizioni di rimborso opzionale.

Ogni quotavede depositaria rappresenta una partecipazione di 1/25 in una azione della Series P Preferred Stock, che ha una preferenza di liquidazione di $25.000 per azione. La società ha emesso un comunicato stampa con ulteriori dettagli, incorporato per riferimento come Exhibit 99.

Truist Financial Corporation anunció que canjeará todas las acciones depositarias en circulación de su Serie P Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock el 13 de noviembre de 2025, conforme a las disposiciones de redención opcional.

Cada acción depositaria representa una participación de 1/25 en una acción de la Serie P de Acciones Preferentes, que tiene una preferencia de liquidación de $25,000 por acción. La compañía emitió un comunicado de prensa con detalles adicionales, incorporado por referencia como el Exhibit 99.

Truist Financial CorporationSeries P Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock의 모든 발행 예탁주를 2025년 11월 13일에 옵션 상환 규정에 따라 상환할 예정이라고 발표했습니다.

각 예탁주는 Series P 우선주 한 주당 1/25의 지분을 나타내며, 해당 Series P 우선주의 주당 청산 우선권은 미화 25,000달러입니다. 회사는 추가 세부 정보를 담은 보도자료를 발표했으며, 이는 Exhibit 99로 참고에 포함되었습니다.

Truist Financial Corporation a annoncé qu'il rachèterait toutes les actions dépositaires en circulation de sa Series P Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock le 13 novembre 2025, conformément aux dispositions de rachat optionnel.

Chaque action dépositaire représente une participation de 1/25 dans une action des Actions préférentielles de la Série P, qui possède une préférence de liquidation de 25 000 $ par action. La société a publié un communiqué de presse avec des détails supplémentaires, incorporé par référence comme Exhibit 99.

Truist Financial Corporation kündigte an, alle ausstehenden Depositary Shares seiner Series P Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock gemäß den optionalen Rückkaufbestimmungen am 13. November 2025 zurückzukaufen.

Jede Depositary Share repräsentiert einen Anteil von 1/25 an einer Aktie der Series P Preferred Stock, die eine Liquidationspräferenz von 25.000 $ pro Aktie hat. Das Unternehmen veröffentlichte eine Pressemitteilung mit zusätzlichen Details, die als Exhibit 99 eingebunden wurde.

أعلنت شركة Truist Financial Corporation أنها ستعيد شراء جميع أسهم الإيداع القائمة من الأسهم الممتازة من الفئة P ذات المعدل الثابت المعاد ضبطه، غير التراكمية، والسندات الدائمة في 13 نوفمبر 2025، وفقاً لأحكام الاسترداد الاختيارية.

كل سهم إيداع يمثل نسبة 1/25 من سهم من أسهم Series P الممتازة، التي لديها أولوية سداد عند التصفية قدرها 25,000 دولار أمريكي لكل سهم. أصدرت الشركة بياناً صحفياً يحتوي على تفاصيل إضافية، ويدرج كمرفق 99 بالإشارة إليه.

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Insights

Truist will redeem all Series P preferred depositary shares on November 13, 2025, ending those dividend obligations and simplifying its capital stack.

Truist Financial Corporation disclosed the full redemption of outstanding depositary shares tied to its Series P Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock under the optional redemption terms. Each depositary share represents a 1/25th interest in a preferred share with a liquidation preference of $25,000 per share. The action is scheduled for November 13, 2025.

Redeeming an entire preferred series removes a layer of preferred dividends and streamlines funding. The filing does not disclose the number of shares being redeemed or total dollars involved, so the quantitative effect on funding costs and capital metrics is not specified here. Execution follows governing documents, indicating a routine contractual process.

Watch for completion on November 13, 2025, any details on redemption consideration per depositary share in the attached news release, and whether Truist replaces or leaves this capital unrefinanced. Also monitor subsequent dividend disclosures to confirm cessation of Series P dividends after redemption.

Truist Financial Corporation ha annunciato che rimborsa tutte le quote depositarie in circolazione della Serie P Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock il 13 novembre 2025, conformemente alle disposizioni di rimborso opzionale.

Ogni quotavede depositaria rappresenta una partecipazione di 1/25 in una azione della Series P Preferred Stock, che ha una preferenza di liquidazione di $25.000 per azione. La società ha emesso un comunicato stampa con ulteriori dettagli, incorporato per riferimento come Exhibit 99.

Truist Financial Corporation anunció que canjeará todas las acciones depositarias en circulación de su Serie P Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock el 13 de noviembre de 2025, conforme a las disposiciones de redención opcional.

Cada acción depositaria representa una participación de 1/25 en una acción de la Serie P de Acciones Preferentes, que tiene una preferencia de liquidación de $25,000 por acción. La compañía emitió un comunicado de prensa con detalles adicionales, incorporado por referencia como el Exhibit 99.

Truist Financial CorporationSeries P Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock의 모든 발행 예탁주를 2025년 11월 13일에 옵션 상환 규정에 따라 상환할 예정이라고 발표했습니다.

각 예탁주는 Series P 우선주 한 주당 1/25의 지분을 나타내며, 해당 Series P 우선주의 주당 청산 우선권은 미화 25,000달러입니다. 회사는 추가 세부 정보를 담은 보도자료를 발표했으며, 이는 Exhibit 99로 참고에 포함되었습니다.

Truist Financial Corporation a annoncé qu'il rachèterait toutes les actions dépositaires en circulation de sa Series P Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock le 13 novembre 2025, conformément aux dispositions de rachat optionnel.

Chaque action dépositaire représente une participation de 1/25 dans une action des Actions préférentielles de la Série P, qui possède une préférence de liquidation de 25 000 $ par action. La société a publié un communiqué de presse avec des détails supplémentaires, incorporé par référence comme Exhibit 99.

Truist Financial Corporation kündigte an, alle ausstehenden Depositary Shares seiner Series P Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock gemäß den optionalen Rückkaufbestimmungen am 13. November 2025 zurückzukaufen.

Jede Depositary Share repräsentiert einen Anteil von 1/25 an einer Aktie der Series P Preferred Stock, die eine Liquidationspräferenz von 25.000 $ pro Aktie hat. Das Unternehmen veröffentlichte eine Pressemitteilung mit zusätzlichen Details, die als Exhibit 99 eingebunden wurde.

أعلنت شركة Truist Financial Corporation أنها ستعيد شراء جميع أسهم الإيداع القائمة من الأسهم الممتازة من الفئة P ذات المعدل الثابت المعاد ضبطه، غير التراكمية، والسندات الدائمة في 13 نوفمبر 2025، وفقاً لأحكام الاسترداد الاختيارية.

كل سهم إيداع يمثل نسبة 1/25 من سهم من أسهم Series P الممتازة، التي لديها أولوية سداد عند التصفية قدرها 25,000 دولار أمريكي لكل سهم. أصدرت الشركة بياناً صحفياً يحتوي على تفاصيل إضافية، ويدرج كمرفق 99 بالإشارة إليه.

Truist Financial Corporation 宣布将根据可选赎回条款于 2025年11月13日赎回其 Series P Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock 的所有在外存托凭证股份。

每份存托凭证代表 Series P 优先股 一股的 1/25 份额,该系列优先股的每股清算优先权为 25,000美元。公司已发布新闻稿,包含更多细节,作为 Exhibit 99 引用并纳入。

TRUIST FINANCIAL CORP 5.853% Fixed-to-Floating Rate Normal Preferred Purchase Securities each representing 1/100th interest in a share of Series J Perpetual Preferred Stock false 0000092230 0000092230 2025-10-28 2025-10-28 0000092230 us-gaap:CommonStockMember 2025-10-28 2025-10-28 0000092230 tfc:SeriesIPreferredStockMember 2025-10-28 2025-10-28 0000092230 tfc:SeriesJPreferredStockMember 2025-10-28 2025-10-28 0000092230 tfc:SeriesOPreferredStockMember 2025-10-28 2025-10-28 0000092230 tfc:SeriesRPreferredStockMember 2025-10-28 2025-10-28
 
 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

FORM 8-K

 

 

Current Report

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

October 28, 2025

Date of report (Date of earliest event reported)

 

 

Truist Financial Corporation

(Exact name of registrant as specified in charter)

 

 

 

North Carolina   1-10853   56-0939887
(State or other jurisdiction
of incorporation)
 

(Commission

File No.)

  (IRS Employer
Identification No.)

214 North Tryon Street

Charlotte, North Carolina

    28202
(Address of principal executive offices)     (Zip Code)

(844) 487-8478

(Registrant’s telephone number, including area code)

Not Applicable

(Former name, former address and former fiscal year, if changed since last report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the Registrant under any of the following provisions (see General Instruction A.2 below).

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)).

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13(e)-4(c))

Securities registered pursuant to Section 12(b) of the Act:

 

Title of Each Class

 

Trading
Symbol(s)

 

Name of each exchange
on which registered

Common Stock, $5 par value   TFC   New York Stock Exchange
Depositary Shares each representing 1/4,000th interest in a share of Series I Perpetual Preferred Stock   TFC.PI   New York Stock Exchange
5.853% Fixed-to-Floating Rate Normal Preferred Purchase Securities each representing 1/100th interest in a share of Series J Perpetual Preferred Stock   TFC.PJ   New York Stock Exchange
Depositary Shares each representing 1/1,000th interest in a share of Series O Non-Cumulative Perpetual Preferred Stock   TFC.PO   New York Stock Exchange
Depositary Shares each representing 1/1,000th interest in a share of Series R Non-Cumulative Perpetual Preferred Stock   TFC.PR   New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 
 


ITEM 8.01

Other Events

On October 28, 2025, Truist Financial Corporation (“Truist”) issued a news release announcing the redemption on November 13, 2025 of all of the outstanding depositary shares, each representing a 1/25th interest in a share of Truist’s Series P Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock, par value $5.00 per share and with a liquidation preference of $25,000 per share (the “Series P Preferred Stock”), pursuant to the optional redemption provisions in the documents governing such depositary shares and the Series P Preferred Stock. A copy of the news release announcing the redemption is attached as Exhibit 99 to this Current Report on Form 8-K and is incorporated by reference into this Item 8.01.

 

Item 9.01.

Financial Statements and Exhibits.

(d) Exhibits.

 

Exhibit
No.
  

Description

99    News release dated October 28, 2025
104    The cover page from this Current Report on Form 8-K, formatted in Inline XBRL.

 


SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

    TRUIST FINANCIAL CORPORATION
(Registrant)
    By:  

/s/ Cynthia B. Powell

    Name:   Cynthia B. Powell
Date: October 28, 2025     Title:  

Executive Vice President and Corporate Controller

(Principal Accounting Officer)

FAQ

What did TFC announce regarding its preferred stock?

Truist will redeem all outstanding depositary shares of its Series P Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock.

When is Truist’s Series P depositary share redemption date?

The redemption is scheduled for November 13, 2025.

What does each Series P depositary share represent?

Each depositary share represents a 1/25th interest in a share of Series P Preferred Stock.

What is the liquidation preference of the Series P Preferred Stock?

The Series P Preferred Stock carries a $25,000 per-share liquidation preference.

Under what provisions is the redemption being made?

The redemption is made under the optional redemption provisions governing the depositary shares and the Series P Preferred Stock.

Where can investors find more details on the redemption?

Truist issued a news release, attached as Exhibit 99, which is incorporated by reference.
Truist Finl Corp

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